Kovack Securities, an independent broker-dealer and registered investment adviser that manages $13.45 billion in total client assets, has chosen Entreda to provide its 400 registered representatives and financial advisors with Entreda’s proprietary cybersecurity software and solutions.
Entreda’s selection by Kovack Securities demonstrates the company’s position as the leading cybersecurity provider to successful wealth management organisations. Entreda’s unique Cyber Risk Number, a scoring system that evaluates users’ and organisations’ cybersecurity postures; Entreda’s remediation, training, and education solutions; and its third-party vendor vetting products are all part of the Unify platform.
Sid Yenamandra, CEO and founder of Entreda, a wholly-owned subsidiary of Smarsh, said, “Though the country is emerging from the pandemic and making progress towards returning to normal, wealth management firms still need to be vigilant of cyber threats, which increased in intensity and frequency in the past year-plus as companies shifted to remote operations. Entreda’s platforms and solutions provide deep visibility on the cybersecurity posture of an organization’s users, devices, networks and vendors. This data is necessary for organizations to confidently do business and serve clients in this uncertain environment. We are thrilled to partner with Kovack Securities with their cybersecurity compliance needs.”